Nvidia's SHOCKING $39 Billion Quarter: AI Boom Sends Stock Soaring!

2025-02-27 07:45:51.663

Nvidia announced a phenomenal fourth quarter, with revenue reaching $39.3 billion—a 12% increase from the previous quarter and a staggering 78% year-over-year growth. This success is largely attributed to the massive demand for their Blackwell chips, crucial for powering artificial intelligence systems. Adjusted earnings per share reached 89 cents, exceeding analysts' predictions of 85 cents and $38.1 billion in revenue. Data center sales were a major contributor, reaching $35.6 billion—a 93% increase year-over-year. Nvidia's CEO, Jensen Huang, highlighted the 'amazing' demand for Blackwell chips, stating that AI is advancing at 'light speed'. The company forecasts continued growth, projecting $43 billion in revenue for the first quarter of fiscal 2026. This success is partly fueled by a joint venture with OpenAI, Oracle, and SoftBank, focusing on AI infrastructure development. Despite some concerns about tariffs, Nvidia remains optimistic. The company also addressed the impact of DeepSeek's new AI model, acknowledging its significance while highlighting the continued strong demand for Nvidia's chips. Nvidia's market capitalization has surged to over $3 trillion, solidifying its position as a major player in the AI boom and significantly impacting the overall stock market.